Inventories are creeping up

We have been experiencing low, low, low and I mean low inventories in Metro Denver. I have been tracking 3 major cities and have been surprised at how low the amount of homes for sale have been. The cities I’ve been watching daily are Denver, Littleton and Highlands Ranch. April 1st of this year, there were only 999 homes for sale in all of the city of Denver! Littleton had only 229. But the most shocking was Highlands Ranch at 95 homes for sale! I could have shown all of the homes in Highlands Ranch in a single weekend. Alright a long weekend, but still…

This obviously lead to the crazy market we have been experiencing lately. i.e. bidding wars and skyrocketing home prices. But, this month we are seeing tad higher inventories. Now the city of Denver has 1337 homes for sale. Up 34%. Littleton has 318 today; up 39%. And now it would take me a full week to show all of the homes for sale in Highlands Ranch at 163 homes; up a whopping 72%! This should slow things down a bit and give buyers a chance to get in the game and take advantage of low interest rates and homeownership!

About Jeff Hansen, Realtor in Colorado

Search for homes here; www.jeffhansen.remax.com for FREE. Licensed Real Estate broker with RE/MAX Professionals at 10135 W. San Juan Way, Littleton, Colorado 80127. I have been a Realtor Since 1992 and provide Free Real Estate Advice Realtor in Littleton, Colorado and the Metro Denver Area, A Real Estate investment company focusing on the buyers and sellers of homes, also including fix and flips and rental properties, Listings and all sales of realty. (303)794-4530 Disclaimer I will not receive any compensation or take on any liability because of any conversation on this or any related web page w/o any written brokerage agreement. And there will be no relationship actual or implied because of any conversation on this or similar pages. No written agreement, therefore. AND Differ from state to state, so check your state's rules.
This entry was posted in Colorado, Home Buying, Home selling, homework, Housing, Quickie, real estate, realtor, realty, Weekly Updates and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s